Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.070%
Price spread now: Orderly against tradeXYZ+0.072%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.072% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 209.39 | 0.0012 | pay 0.0001% / 1h | 21m 34s | $42.9M | $3.5M | 10x |
| Short | Orderly PERP_CBRS_USDC_mythos | 209.54 | 0.0100 | get 0.0100% / 8h | 5h 21m | $860 | $1K | 10x |
tradeXYZ xyz:CBRS
Orderly PERP_CBRS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.55
- Price spread: +0.072% → 0.000%
- $7.16
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.71
- Costs to cover
- 0.240%
- Break-even
- 6.4 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 7 min ago | 1.20 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CBRS on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.454% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.49 | +0.046% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.86 | +0.224% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.69 | +0.143% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.51 | +0.059% | $453 | $205K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.30 | −0.043% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.77 | +0.181% | $824 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.115% | $9K | $9K | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | +0.0012% | 1h | 209.39 | long leg | $42.9M | $3.5M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.20 | −0.091% | — | $94K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.31 | −0.038% | $90K | $831K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.48 | +0.043% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.43 | +0.019% | $340K | $732K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.51 | +0.057% | $1.1M | $3.4M | 10x | as long as short |
| edgeX CBRSUSDC | +0.0065% | 4h | 209.47 | +0.039% | $24K | $220K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.40 | +0.005% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | −0.010% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 209.54 | +0.072% | $860 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.54 | +0.072% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0155% | 8h | 209.83 | +0.210% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0201% | 8h | 209.48 | +0.044% | $423K | $112K | — | as long as short |
| Gate CBRS_USDT | +0.0233% | 8h | 209.80 | +0.196% | $2.9M | $3.0M | 50x | as long as short |
| Extended CBRS_24_5-USD | +0.0248% | 1h | 209.55 | +0.076% | $44K | $266K | 10x | as long as short |
| Binance CBRSUSDT | +0.0250% | 8h | 209.64 | +0.121% | $10.3M | $29.4M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0261% | 8h | 209.56 | +0.081% | $105K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0992% | 1h | 209.53 | +0.067% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Gate CBRS_USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL